AUD/USD setup

in #trading6 years ago

AUD/USD 1D

price is at a resistance and it coincides with the 38.2 retracement of the move down. As long as the price shows bearish movement, a short can be taken with a SL at 0.761 area and TP1 at 0.741 area and ride the rest downwards

Please FOLLOW, UPVOTE, RESTEEM and COMMENT Below! Thank you!